secwatch.observer — SEC 8-K summary
======================================

Issuer:     Origin Materials, Inc. (ORGN)
CIK:        0001802457
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001802457-23-000015
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Origin Materials Q4 net income $16M, adj. EBITDA loss $9.2M; 2023 rev guidance $40-60M
--------------------------------------------------------------------------------

- Net income $16.0M in Q4 2022 vs $5.2M prior year; full year net income $78.6M vs $42.1M.
- Adjusted EBITDA loss $9.2M in Q4, $31.0M full year; 2023 guidance: revenue $40-60M, adjusted EBITDA loss $50-60M.
- Origin 1 mechanically complete, commissioning and start-up expected Q2 2023.
- Louisiana State Bond Commission approved up to $1.5B tax-exempt bonds for Origin 2; partnership with Avantium for FDCA/PEF.
- Total offtake agreements and capacity reservations increased to $9.3B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802457/000180245723000015/0001802457-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802457/000180245723000015/orgn-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001802457-23-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer